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Property, Plant and Equipment
9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
The components of property, plant and equipment at September 30, 2020, and December 31, 2019, were as follows:
September 30,
2020
December 31,
2019
Land$97.0 $102.5 
Buildings843.0 846.1 
Machinery and equipment3,327.5 3,337.1 
Other(1)
179.6 175.7 
Construction in progress30.6 35.0 
Property, plant and equipment—gross$4,477.7 $4,496.4 
Less: accumulated depreciation(3,524.1)(3,459.9)
Property, plant and equipment—net$953.6 $1,036.5 
______________________________
(1)Other consists of computer equipment, vehicles, furniture and fixtures, leasehold improvements and communication-related equipment.

The Company recorded impairment charges of $4.2 million during the nine months ended September 30, 2020, and $1.5 million and $3.6 million during the three and nine months ended September 30, 2019, respectively, to reduce the carrying amounts of certain property, plant and equipment no longer utilized in production to fair value (see Note 5, “Restructuring, Impairment and Transaction-Related Charges,” for further discussion on impairment charges). There were no impairment charges recognized during the three months ended September 30, 2020.

The Company recognized depreciation expense of $35.2 million and $109.5 million for the three and nine months ended September 30, 2020, respectively, and $41.3 million and $125.5 million for the three and nine months ended September 30, 2019, respectively.

Assets Held for Sale from Continuing Operations
The Company assessed whether certain closed facilities and facilities where the Company has received a signed letter of intent to purchase should be classified as held for sale on the condensed consolidated balance sheets. Assets held for sale are carried at the lesser of original cost or fair value, less the estimated costs to sell. Assets held for sale from continuing operations were $4.9 million and $59.3 million as of September 30, 2020, and December 31, 2019, respectively. The fair values were determined by the Company to be Level 3 under the fair value hierarchy (see Note 13, “Financial Instruments and Fair Value Measurements,” for the definition of Level 3 inputs) and were estimated based on quoted market prices where available and independent appraisals, as appropriate. Assets held for sale were included in prepaid expenses and other current assets in the condensed consolidated balance sheets.